Rocket Preps Fans For Super Bowl With Previews Of Homes They Could Win, Teaser Of Big Ad

By KIMBERLEY HAAS With the big football game coming up this weekend, leaders at Rocket are inviting people to take a peek at the homes they could buy if they win the world’s largest official game of Super Bowl Squares and have revealed which stars will appear in their ad. Rocket Mortgage will give two grand prize winners $500,000 each for a home purchase during the game. $50,000 will be awarded every time the score changes. Rocket Homes, their sister company, has published an article highlighting what type of home a potential winner could select in various parts of the country. According to the article, the median sale price of a house in America is $335,212. The average house has…

loanDepot CEO Remains Focused On Long-Term Strategy After Mixed 2021 Results

By KIMBERLEY HAAS The CEO of loanDepot says they will continue to focus on their long-term strategy to become the most trusted homeowner fulfillment company in the world after the company released their results for 2021, which show a decline in net income but an increase in market share. Anthony Hsieh, Founder and CEO of the California-based company, said they have the tools to pivot and adjust to market trends and their business was purpose-built with periods of pressure in mind. “The results of 2021 are only a preview of what’s to come as we leverage our brand, develop and apply innovative technology solutions, drive down costs and add more products and services to help our customers successfully navigate one…

Guaranteed Rate No. 8 Chevrolet To Debut In NASCAR Race

By KIMBERLEY HAAS Race car driver Tyler Reddick will debut the new Guaranteed Rate No. 8 Chevrolet at the first-ever Busch Light Clash at the Coliseum this Sunday. Reddick said Sunday’s event is an exhibition race, so points do not matter and all the drivers will be going all-out to try and win. “It’s going to be a wild race for drivers and fans alike, so I couldn’t think of a better place to officially debut Guaranteed Rate’s amazing new look,” Reddick said in an article for Guaranteed Rate. Guaranteed Rate Vice President of Marketing and Sports Partnerships Steve McNelley says they are thrilled about the partnership. The company specializes in mortgage lending and digital financial services. “Our focus on…

Sarah Gonzalez Named President and CEO Of Panorama Mortgage Group

Sarah Gonzalez has been named president and CEO of Nevada-based Panorama Mortgage Group (PMG), the company announced in a press release. “I was looking for a company that would fit my own personal and professional priorities, and PMG is that place. It just feels like home – exactly where I’m supposed to be – with people I’ve admired for a long time,” said Gonzalez. “I love how PMG is servicing underserved borrowers and communities that need a lot of education on home lending and the application process. I’m a teacher at heart and that really attracted me to the role.” PMG is a multi-brand national mortgage company that originated from Alterra Home Loans, whose stated mission is to generate wealth…

Bindiya Jain Named COO Of HUNT Mortgage

HUNT Mortgage Corporation has hired Bindiya Jain as Chief Operating Officer, the company announced. As COO, Jain will be responsible for increasing overall revenue opportunities, building profitability, and ensuring efficiency within HUNT’s residential brokerage. She will report to president Linda Mallia regarding the overall operations of the company. “Our organization is built on a growth mindset. This is not solely based on volume, but also on the advancement of a diverse and inclusive team achieving its goals,” said Mallia.  “Bindiya shares our vision for growth and will be instrumental in helping us achieve our fullest potential.” Jain is a native of New Delhi, India, where she graduated from Dehli University. She obtained her MBA from Anderson University in Indiana and attended…

Victims Of Mortgage Ponzi Scheme Can Seek Compensation

By KIMBERLEY HAAS People who were victimized by what investigators have called the biggest Ponzi scheme in New Hampshire history can apply for compensation. In a news release, officials from the state’s Department of Justice announced that victims of Financial Resources Mortgage, Inc., and CL&M, Inc., can start filing applications to seek compensation from the FRM Victims’ Contribution Recovery Fund. People can submit an application either by printing, filling out, and mailing the paper version or by completing and sending the electronic version. The application deadline is May 18. After Financial Resources Mortgage collapsed in 2009, the U.S. Securities and Exchange Commission charged Scott Farah of Meredith, NH, and Donald Dodge of Belmont, NH, claiming they operated a fraudulent Ponzi…

Finding A Mortgage On Your Phone? FinTech Companies Catering To Those Customers

By KIMBERLEY HAAS The typical American spends between five and six hours a day on their mobile phone so mortgage companies are developing new technologies to help them meet customers where they are. Brett Bivenour, Chief Technology Officer at Nationwide Mortgage Bankers in Melville, New York, explained during an interview with The Mortgage Note last week that for too long, the process seemed arduous for the average person. Even prior to the pandemic, consumer expectations about what they could do online had shifted because of what was happening outside his industry, he said. “As more and more aspects of people’s everyday lives were happening online, that certainly influenced their expectations of what it looks like to get a mortgage in…

Mark Johnson Named President of JPAR Real Estate

Cairn Real Estate announced the appointment of Mark Johnson as President of JPAR® – Real Estate. As president, Johnson will oversee the entire JPAR Real Estate enterprise, including brokerage and franchise operations, across 65 states and more than 3,600 real estate professionals. “I am incredibly excited to expand my role with JPAR® – Real Estate and look forward to delivering on our unique value proposition to create strong exponential growth in the years ahead. We are well-positioned as a premium provider of real estate services to our professionals and their customers and are further supported to deliver on our customer commitment as a member of the Cairn Real Estate Holdings network of companies,” Johnson said. Johnson has worked with JPAR…

More Than $1 Million To Be Given Away During Super Bowl LVI Squares Sweepstakes

By KIMBERLEY HAAS Leaders at Rocket Mortgage say entries are open for the world’s largest official game of Super Bowl squares. The Detroit-based company announced on Wednesday that two grand prize winners will receive $500,000 each that can go toward a dream home. $50,000 will be awarded every time the score changes. Bob Walters, CEO of Rocket Mortgage, said watching the Super Bowl has been a staple of American culture for the last 55 years. Introducing the Rocket Mortgage Super Bowl Squares in 2020 has elevated that experience for millions of viewers across the country, he said. “Past winners have had their lives transformed and we are eager to give more Americans that opportunity again this year,” Walters said in…

Zillow Hires Jenny Arden As CDO

Zillow has hired tech veteran Jenny Arden as the company’s first Chief Design Officer (CDO). As CDO, Arden’s responsibilities will focus on “delivering seamless, connected and customer-centric experiences across Zillow Group’s brands,” according to a press release. She will oversee Zillow Group’s product design, research, and user experience. “With millions of people using our apps and websites every month, and more people moving than ever before, we’re focused on delivering a more integrated customer experience for everyone on Zillow,” said Zillow Group COO Jeremy Wacksman.  “Jenny has an impressive track record of building and designing transformative customer-facing products that provide intuitive and connected experiences. We’re excited for her to join as CDO to help build Zillow 2.0 and help people…